Australia Markets closed

'Cable is still here to stay and it can beat Netflix:' Variety correspondent

In the fight for viewers, HBO has come out on top of the 71st Emmy Award nominations.

The cable network owned by Time Warner lead the charge in Emmy nominations with the final season of ‘Game Thrones,’ garnering 32 nominations. Variety Senior correspondent Elizabeth Wagmeister notes that it did not just break a record for the series.

“This broke the all-time record for most nominations for a single season of a show. The last time that this record was held was in 1994, 25 years ago, for NYPD Blue” says Wagmeister.

Emmy nominations by network

HBO earned an impressive 137 nominations followed closely by competitor Netflix (NFLX) nabbing 117. Other contenders include NBC bringing in 58 nominations, Amazon Prime Video 47, CBS 43, and FX Networks 32.

Traditionally, HBO is at the forefront of Emmy nominations, but last year, Netflix surprised everyone by breaking HBO’s 18-year streak as the most nominated network. Even though the streaming service trailed behind the cable giant, it still secured an impressive number of nominations from big names like Beyoncé for her documentary ‘Homecoming’ and Ava Duvernay’s limited series ‘When They See Us’.

Netflix logo seen on the backdrop of Netflix's "Stranger Things 3" premiere at Santa Monica high school Barnum Hall on June 28, 2019 in Santa Monica, California. (Photo by Chris Delmas / AFP) (Photo credit should read CHRIS DELMAS/AFP/Getty Images)

“I think that Casey Bloys, who’s the president, is really cheering right now because (as you said) HBO, they got the most nominations out of any network. This is proving that cable is still here to stay and that it can beat Netflix” says Wagmesiter.

Devin Southard is a Producer at Yahoo Finance.

Read more:

‘We are at war with China’ over cyber technology, says Tom Siebel

Roku: Why RBC downgraded a Wall Street darling that’s tripled in value

Credit Suisse sees 19% upside for Snap

Streaming boom becomes 'holy grail' for resurgent music industry

Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, SmartNews, LinkedIn, YouTube, and reddit.